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University of Kentucky Equine Research Foundation Inc

RegisteredEIN 31-1146505Lexington, KYEducation and training
Income$133k2023-06
Spending$585ksame year
Spent / received168%5-year average
Size in its cause46th pctEducation and training
Exempt since1985Supporting organisation
Employees0latest return

Analysis

University of Kentucky Equine Research Foundation Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in December 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University of Kentucky Equine Research Foundation Inc reported income of $133k and spending of $585k, spending 441% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $327k to $133k (-59%), an average of -20% a year. The sharpest change came in the year to June 2022, when income rose by 93%. Over the whole period it spent 168% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Kentucky Equine Research Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within KY. Charities of a similar size with the same main cause include Ace Mentor Program of Greater Nashville Inc ($133k), Allamakee Scholarship Fund Inc ($133k) and American Friends of Nefesh Hachaim Inc ($132k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.7% of the total. At year end it held assets of $10.7m against liabilities of $0, net assets of $10.7m.

Income and spending

$0$159k$317k$476k$635k2019 Income: $326,8022019 Spending: $634,61220192020 Income: $194,3892020 Spending: $417,03720202021 Income: $243,2712021 Spending: $414,94820212022 Income: $470,1372022 Spending: $252,54620222023 Income: $132,5252023 Spending: $584,7792023
IncomeSpending

Where the income comes from

  • Contributions & grants 1.7%
  • Other 98%

Similar-sized charities, same cause

CharityLocationIncome
Ace Mentor Program of Greater Nashville IncNashville$133k
Allamakee Scholarship Fund IncWaukon$133k
American Friends of Nefesh Hachaim IncPhiladelphia$132k
Samuel W Smith Memorial Public LibraryPort Allegany$133k